Markets Update: SEC Adds a Brief Market Spike — But Will It Last?

Markets Update: SEC Adds a Brief Market Spike — But Will It Last?

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Cryptocurrency markets are steadily coasting along after suffering from some volatile low swings last week. Over the past 24 hours, most cryptocurrencies are still in the red nurturing losses between 1-3 percent, and a few are in the green by a few percentages. At the time of publication, the price of bitcoin cash (BCH) is…

Survey: 13% of Net-Savvy Ukrainians Own Cryptocurrencies

Survey: 13% of Net-Savvy Ukrainians Own Cryptocurrencies

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Ukrainians are increasingly aware of cryptocurrencies, and 13 percent of those using the Internet own digital coins, according to a new survey. The total of the daily turnover on the three leading cryptocurrency exchanges in the country currently reaches $2 million USD.   Also read: Ukrainian Companies Mint 25 Coins, Raise $132 Million Majority of…

NYDFS Authorizes Paxos Trust Company to Add Ethereum, Litecoin, Bitcoin Cash, and Stellar Lumen

NYDFS Authorizes Paxos Trust Company to Add Ethereum, Litecoin, Bitcoin Cash, and Stellar Lumen

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Despite a recent market downturn, cryptocurrencies continue to make regulatory progress. Starting June 14, Paxos Trust Company will make Ethereum, Litecoin, Bitcoin Cash, and Stellar Lumens available for OTC trading on their itBit digital asset exchange. Early Bird Authorization by NYDFS Joining a short list of exchanges authorized to trade cryptocurrency, Paxos Trust Company was approved…

Coinbase Index Fund Open For Business: Official Launch Welcomes U.S. Investors

Coinbase Index Fund Open For Business: Official Launch Welcomes U.S. Investors

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Coinbase officially announced the opening of the Coinbase Index Fund to accredited US investors, allowing US citizens that meet the appropriate SEC requirements to invest in a passively managed index fund currently consisting of the four cryptocurrencies traded on Coinbase Pro — Bitcoin, Bitcoin Cash, Ethereum, and Litecoin. Announcing: Coinbase Index Fund is open for…

Technical Analysis June 7: Bitcoin, Ethereum, Bitcoin Cash, Litecoin and Ripple

Technical Analysis June 7: Bitcoin, Ethereum, Bitcoin Cash, Litecoin and Ripple

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The cryptocurrency markets continued last week’s comeback and gained $14 billion in market cap. Last week, we saw many cryptocurrencies below the Ichimoku cloud and between major support and resistance levels. Let’s see where the top cryptocurrencies are at this week using technical analysis. Disclaimer: This article is not meant to constitute trading/investment advice. Please use extreme…

Price Watch: Bitcoin, Ethereum, Ripple, Bitcoin Cash and Litecoin Struggle to Remain Afloat

Price Watch: Bitcoin, Ethereum, Ripple, Bitcoin Cash and Litecoin Struggle to Remain Afloat

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Since our previous price watch, the cryptocurrency market cap has remained stable at $333 billion. Larger assets – including Bitcoin, Ethereum and Bitcoin Cash – have experienced very little price movement over the past 24 hours. The post Price Watch: Bitcoin, Ethereum, Ripple, Bitcoin Cash and Litecoin Struggle to Remain Afloat appeared first on CryptoSlate.

Ethereum’s Active and Unique Addresses Overtake Bitcoin

Ethereum’s Active and Unique Addresses Overtake Bitcoin

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Ethereum — the second-largest cryptocurrency by market cap — now claims more unique and active addresses than Bitcoin. Effectively doubling in size since December 2017, the Ethereum network now hosts 35 million unique addresses — 100,000 new registrations being logged each day. According to its last-known position in March 2018, Bitcoin stands at 24 million…

Crypto Trading Platform Revolut Adds Bitcoin Cash and Ripple Support, Hits 100,000 Trades Daily

Crypto Trading Platform Revolut Adds Bitcoin Cash and Ripple Support, Hits 100,000 Trades Daily

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Revolut, a trading platform that has captured the title of the fastest-growing “unicorn” fintech company, has recently announced the launch of Bitcoin Cash and Ripple support for the Revolut trading app. The addition of BCH and XRP to the trading app will see the Revolut user base, which currently executes over 100,000 trades daily, exposed…

Price Watch: Bitcoin, Ethereum, Ripple, Bitcoin Cash and Litecoin Starting to Recover

Price Watch: Bitcoin, Ethereum, Ripple, Bitcoin Cash and Litecoin Starting to Recover

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The cryptocurrency market continues to display strong volatility, but some coins are showing signs of recovery as of Friday morning. While drops are slowing down and becoming smaller, traders are again being offered a solid showing of just how vulnerable the cryptocurrency space remains. Bitcoin (BTC) Bitcoin has fallen by more than $200 since our…

Price Watch: Bitcoin, Ethereum, Ripple, Bitcoin Cash and Litecoin are Deep in the Red

Price Watch: Bitcoin, Ethereum, Ripple, Bitcoin Cash and Litecoin are Deep in the Red

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At press time, most major cryptocurrencies are deep in the red, with entitles like Ethereum and Ripple experiencing anywhere between five and twelve percent drops over the last 24 hours. This marks an unfortunate change from Monday when currencies like Bitcoin – then trading for about $8,500 – were showing minor signs of potential recovery.…